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As Canada's population growth slows, an economic shift emerges

Canada’s rental market faces 16 months of falling rents and a 3.5% drop in housing starts as immigration cuts reduce demand, especially in Ontario and British Columbia.

  • On March 8, 2026, the Canadian Press reported Canada faces zero population growth for a second year after federal government immigration cuts, while CMHC data showed housing starts declined 3.5% and rents dropped 2%.
  • Newcomers such as temporary foreign workers and international students concentrate demand, and immigration cuts 16 months ago have contributed to risks for condo owners.
  • In the secondary rental market, TD Bank economist said impacts are reaching condo owners, and investor activity has slowed, which will drag on home builders this year.
  • Experts warn rental prices are likely to stagnate until around 2028, as population growth slows, affecting living standards, said the source on March 8, 2026.
  • Economists say it's difficult to isolate population effects from broader economic forces, and slowing population growth reduces potential output, creating risks policymakers must manage.
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14 Articles

Winnipeg Free PressWinnipeg Free Press
+10 Reposted by 10 other sources
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As Canada's population growth slows, an economic shift emerges

Breaking News, Sports, Manitoba, Canada

·Winnipeg, Canada
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The Toronto Star broke the news in Toronto, Canada on Sunday, March 8, 2026.
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